Bitcoin / Euro may rise to 67970 - 71610

Our pivot point stands at 55020.

Our preference

The upside prevails as long as 55020 is support.

Alternative scenario

Below 55020, expect 49010 and 45430.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57188 and 54974).

Supports and resistances

78880 **

75240 *

71610 **

67970

60136 last

57390

55020 **

49010 *

45430 **

Number of asterisks represents the strength of support and resistance levels.